Paying capital gains tax on a jointly-owned cottage
Do you pay when each person dies? Or when the cottage is sold?
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Do you pay when each person dies? Or when the cottage is sold?
Beware the Windfall Elimination Provision
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Would create $250 million per year in additional federal revenue
Taxes and missed compounding opportunities add up
What you need to know and how those distributions are eventually taxed
Median incomes in this little town are just shy of $80,000
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Look no further than Victoria's upscale and wealthier neighbour